Stanstead Road, Lewisham, London

£235,000

Size

334

Tenure

Leasehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Well connected
  • Natural light
  • Open plan

Key features

  • Comprises ground floor retail shop t/a Nail Salon
  • Let until July 2039. No breaks. Rent review in 2029.
  • In same ownership for 10+ years
  • VAT is NOT applicable to this property

Description

Investment Consideration:
Gross Initial Yield: 6.13%
Rental Income: £14,400 p.a.
In same ownership for 10+ years
VAT is NOT applicable to this property
Comprises ground floor retail shop t/a Nail Salon
Let until July 2039. No breaks. Rent review in 2029.
Occupiers nearby include Café, Takeaway`s, Convenience Store and many more.

Property Description:
Comprises mid-terrace ground floor shop t/a Nail Salon. The property provides the following accommodation and dimensions:
Ground Floor: 31 sq m (334 sq ft)
Open plan retail, storage, kitchen, wc

Tenancy:
The property is at present let to an Individual for a term of 20 years from 10th July 2019 at a current rent of £14,400 per annum and the lease contains full repairing and insuring covenants. Rent review (open market) on 10.07.2029 and every 4 years thereafter. No breaks.

Tenure:
Long leasehold. Held on a 999 Year lease from 1st January 2012 at a ground rent of peppercorn.

Location:
The property is located on the west side of Stanstead Road (A205). Local shops and amenities can be found to the west of the property on Stanstead Road with the more extensive facilities of Catford Broadway situated approximately 0.5 miles to the north-east. Rail services run into Central London from Catford and Catford Bridge Rail Stations. The A205 (South Circular Road) and the A21 are situated close by as are the open spaces of Blythe Hill Fields and Ladywell Fields. Occupiers nearby include Café, Takeaway`s, Convenience Store and many more.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
No
Business for sale
No
Leasehold: 999 years left
Tenure
Leasehold
Length of lease
999 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Stanstead Road, Lewisham, London

NEAREST STATIONS

National Rail

Catford Station

0.36 miles

National Rail

Catford Bridge Station

0.4 miles

National Rail
London Overground

Honor Oak Park Station

0.76 miles

About Blue Alpine, London

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference 325stansteadroad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.